The Rajya Sabha yesterday passed the Banking Regulation (Amendment) Bill, 2020, to bring co-operative banks under the supervision of the Reserve Bank of India (RBI).
The Akhil Bhartiya Adhivakta Parishad an organisation of Nationalist Lawyers, has made a representation before the Finance Minister Nirmala Sitharaman seeking directions to banks to provide loan at concessional rate to mitigate the financial hardship faced by the legal fraternity due to COVID 19 Pandemic.